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SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF
THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): March 21, 1997
Commission File Number: 1-6828 Commission File Number: 1-7959
STARWOOD LODGING STARWOOD LODGING
TRUST CORPORATION
(Exact name of registrant as (Exact name of registrant as
specified in its charter) specified in its charter)
MARYLAND MARYLAND
(State or other jurisdiction (State or other jurisdiction
of incorporation or organization) of incorporation or organization)
52-0901263 52-1193298
(I.R.S. employer identification no.) (I.R.S. employer identification no.)
2231 East Camelback Road, Suite 410 2231 East Camelback Road, Suite 400
Phoenix, Arizona 85016 Phoenix, Arizona 85016
(Address of principal executive (Address of principal executive
offices, including zip code) offices, including zip code)
(602) 852-3900 (602) 852-3900
(Registrant's telephone number, (Registrant's telephone number,
including area code) including area code)
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ITEM 7. FINANCIAL STATEMENTS, PRO FORMA FINANCIAL INFORMATION
AND EXHIBITS
EXHIBIT 99.1 Indenture Trustee's Statement of Eligibility and Qualification
on Form T-1, filed in connection with the Registrants'
Registration Statements on Form S-3 (Registration Nos.
333-13411 and 333-13411-01).
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934,
each Registrant has duly caused this report to be signed on its behalf by the
undersigned, thereto duly authorized.
STARWOOD LODGING TRUST STARWOOD LODGING CORPORATION
By: /s/ Ronald C. Brown By: /s/ Alan M. Schnaid
----------------------------- -----------------------------
Ronald C. Brown Alan M. Schnaid
Senior Vice President and Vice President and
Chief Financial Officer Corporate Controller
Date: March 25, 1997
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Exhibit 99.1
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM T-1
STATEMENT OF ELIGIBILITY
UNDER THE TRUST INDENTURE ACT OF 1939
OF A CORPORATION DESIGNATED TO ACT AS TRUSTEE
[ ] CHECK IF AN APPLICATION TO DETERMINE ELIGIBILITY OF A TRUSTEE
PURSUANT TO SECTION 305(b)(2)
BNY WESTERN TRUST COMPANY
(Exact name of trustee as specified in its charter)
California 95-3571558
(Jurisdiction of Incorporation (I.R.S. Employer
or organization Identification No.)
if not a U.S. national bank)
700 SOUTH FLOWER STREET, LOS ANGELES, CALIFORNIA 90017
(Address of principal executive offices) (Zip Code)
Corporate Trust Department
700 South Flower Street, Los Angeles, California 90017 (213) 630-6240
(Name, address and telephone number of agent for service)
STARWOOD LODGING TRUST/STARWOOD LODGING CORPORATION
(Exact name of obligor as specified in its charter)
MARYLAND 52-0901263/52-1193298
(State or other jurisdiction of (I.R.S. Employer
incorporation or organization) Identification No.)
2231 EAST CAMELBACK ROAD, SUITE 400, PHOENIX, AZ 85016
(Address of principal executive offices) (Zip Code)
NON-INTEREST BEARING CONVERTIBLE NOTES
(Title of the indenture securities)
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FORM T-1
ITEM 1. GENERAL INFORMATION. FURNISH THE FOLLOWING INFORMATION AS TO THE
TRUSTEE:
(a) NAME AND ADDRESS OF EACH EXAMINING OR SUPERVISING AUTHORITY TO
WHICH IT IS SUBJECT
STATE BANKING DEPARTMENT
235 Montgomery Street, San Francisco, California 94104
FEDERAL RESERVE BANK OF SAN FRANCISCO
101 Market Street, San Francisco, California 94105
FEDERAL DEPOSIT INSURANCE CORPORATION
Washington, D.C. 20429
(b) WHETHER IT IS AUTHORIZED TO EXERCISE CORPORATE TRUST POWERS.
Trustee is authorized to exercise corporate trust powers.
ITEM 2. AFFILIATIONS WITH THE OBLIGOR. IF THE OBLIGOR IS AN AFFILIATE OF THE
TRUSTEE, DESCRIBE EACH SUCH AFFILIATION.
No such affiliation.
ITEM 16. LIST OF EXHIBITS.
EXHIBIT 1.1 Articles of Incorporation of Security Trust Company, as filed in
the office of the Secretary of State of the State of California on November
13, 1980 and filed in the office of the Superintendent of Banks, State of
California on November 17, 1980; incorporated herein by reference as
Exhibit 1.1 filed with Form T-1 Statement, Registration No. 33-56465.
EXHIBIT 1.2 Certificate of Amendment of Articles of Incorporation (changing
the name of the Trustee from Security Trust Company to Bradford Trust
Company of California) as filed in the office of the Secretary of State of
the State of California on January 7, 1985; incorporated herein by
reference as Exhibit 1.2 on Form T-1 Statement, Registration No. 33-56465.
EXHIBIT 1.3 Certificate of Amendment of Articles of Incorporation (changing
the name of the Trustee from Bradford Trust Company of California to FIDATA
Trust Company California) as filed in the office of the Secretary of State
of the State of California on April 11, 1985; incorporated herein by
reference as Exhibit 1.3 filed with Form T-1 Statement, Registration No.
33-56465.
EXHIBIT 1.4 Certificate of Amendment of Articles of Incorporation (changing
the name of the Trustee from FIDATA Trust Company
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California to Wall Street Trust Company California), as filed in the office
of the Secretary of State of the State of California on February 5, 1986;
incorporated herein by reference as Exhibit 1.4 filed with Form T-1
Statement, Registration No. 33-56465.
EXHIBIT 1.5 Certificate of Amendment of Articles of Incorporation (changing the
name of the Trustee from Wall Street Trust Company California to The Bank
of New York Trust Company of California), as filed in the office of the
Secretary of State of the State of California on April 15, 1988;
incorporated herein by reference as Exhibit 1.5 filed with Form T-1
Statement, Registration No. 33-56465.
EXHIBIT 3 Copy of Certificate of the State Banking Department, State of
California, dated January 24, 1994, authorizing the Trustee to transact a
commercial banking business and to engage in the trust business at 700
South Flower Street, Los Angeles, California; incorporated herein by
reference as Exhibit 3 filed with Form T-1 Statement, Registration No.
33-56465.
EXHIBIT 4 Copy of By-laws of the Trustee; incorporated herein by reference as
Exhibit 4 filed with Form T-1 Statement, Registration No. 33-56465.
EXHIBIT 6 Consent of the Trustee required by Section 321(b) of the Act;
incorporated herein by reference as Exhibit 6 filed with Form T-1
Statement, Registration No. 33-56465.
EXHIBIT 7 Copy of latest report of condition of the Trustee published pursuant
to law or to the requirements of its supervising or examining authority.
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SIGNATURE
Pursuant to the requirements of the Trust Indenture Act of 1939 the Trustee,
BNY Western Trust Company, a corporation organized and existing under the laws
of the state of California, has duly caused this Statement of Eligibility to be
signed on its behalf by the undersigned, thereunto duly authorized, all in the
City of Los Angeles, State of California, on March 25, 1997.
BNY WESTERN TRUST COMPANY
By:/s/ Carl Boyd
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Carl Boyd
Assistant Vice President
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REPORT OF CONDITION
Consolidating domestic subsidiaries of the
BNY WESTERN TRUST COMPANY.................. of LOS ANGELES
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Name of Bank City
in the state of California , at the close of business on December 31, 1996.
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<TABLE>
<CAPTION>
ASSETS
Thousands of dollars
<S> <C> <C>
Cash and balances due from depository institutions:
Noninterest-bearing balances and currency and coin.............................. 4,924
Interest-bearing balances....................................................... 26,767
Held-to-maturity securities...................................................... 2,223
Available-for-sale securities.................................................... 0
Federal funds sold............................................................... 4,000
Securities purchased under agreements to resell................................... 20,000
Loans and lease financing receivables:
Loans and leases, net of unearned income........................ 0
LESS: Allowance for loan and lease losses....................... 0
LESS: Allocated transfer risk reserve........................... 0
Loans and leases, net or unearned income, allowance, and reserve................ 0
Trading assets................................................................... 0
Premises and fixed assets (including capitalized leases)......................... 606
Other real estate owned.......................................................... 0
Investments in unconsolidated subsidiaries and associated companies.............. 0
Customers' liability to this bank on acceptances outstanding..................... 0
Intangible assets................................................................ 134,082
Other assets..................................................................... 8,667
Total assets..................................................................... 201,269
Losses deferred pursuant to 12 U.S.C. 1823 (j)................................... 0
Total assets and losses deferred pursuant to 12 U.S.C. 1823 (j).................. 201,269
</TABLE>
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<TABLE>
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LIABILITIES
Deposits:
In domestic offices ..................................................................... 33,961
Noninterest-bearing ................................................ 33,555
Interest-bearing ................................................... 406
Federal funds purchased ................................................................... 0
Securities sold under agreements to repurchase ............................................ 0
Demand notes issued to the U.S. Treasury .................................................. 0
Trading liabilities ....................................................................... 0
Other borrowed money: ///////
With a remaining maturity of one year or less ........................................... 0
With a remaining maturity of more than one year ......................................... 0
Mortgage indebtedness and obligations under capitalized leases ............................ 0
Bank's liability on acceptances executed and outstanding .................................. 0
Subordinated notes and debentures ......................................................... 0
Other liabilities ......................................................................... 1,976
Total liabilities ......................................................................... 35,937
Limited-life preferred stock and related surplus .......................................... 0
EQUITY CAPITAL
Perpetual preferred stock and related surplus ............................................. 0
Common stock .............................................................................. 1,000
Surplus ................................................................................... 157,574
Undividend profits and capital reserves ................................................... 6,758
Net unrealized holding gains (losses) on available-for-sale securities .................... 0
Total equity capital ...................................................................... 165,332
Losses deferred pursuant to 12 U.S.C. 1823(j) ............................................. 0
Total equity capital and losses deferred pursuant to 12 U.S.C. 1823(j) .................... 165,332
Total liabilities, limited-life preferred stock, equity capital and losses ///////
deferred pursuant to 12 U.S.C. 1823(j) .................................................... 201,269
</TABLE>
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